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Japan's industrial production fell 4.3 percent in August from a year earlier, as factories reduced output of electronics and components, communications equipment, chemicals and large passenger cars, the Ministry of Economy, Trade and Industry said. Output is expected to fall further, by 2.9 percent, in September, the ministry said, a forecast that likely takes the China problem into account, and to remain flat in October. Although Chinese authorities have acted to quell the recent anti-Japanese turmoil, it forced many factories to close temporarily and is hitting sales of Japanese-brand vehicles, further darkening the outlook for manufacturing. An overall slowdown in China's economic growth has also hit demand for construction materials, iron and steel and other industrial inputs. But the weakness in output also reflects deliberate efforts to keep inventories under control, Shiono said.
[Associated
Press;
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